Staking Binance – ETH 2.0
First of all, I would like to thank and congratulate Publish0x and all the people who are carrying out this interesting project. Without forgetting all the creators and readers of Publish0x together we make this possible.
Today I wanted to write about a topic that I already commented on in the previous post. I will write about eth 2.0 staking in Binance.
The main goal of ETH 2.0 is to make Ethereum more scalable, secure and sustainable. They're going to be updates that will be released in three phases. One of the changes is that users can do ETH Staking, support the network and get rewards.
The Staking Binance – ETH 2.0 process is divided into three parts
Stake ETH 2.0
- Staking ETH 2.0 fluid can be made with minimum requirements and maximum profitability. It can not be redeemed during the first phase and this can last more than 2 years. Binance will convert the BETH into tokens as proof of your ETH in Stake with a ratio of 1:1.
- Binance will distribute rewards periodically and will be distributed in the Spot accounts of the users.
- This feature is yet to be confirmed, but we are told that you will be able to redeem your ETH when the first phase is finished and ETH 2.0 when you implement the fragmented strings.
In my case it has been approximately 60$ that I put in Stake as you can see in the following screenshot. For me not investing a lot is the right thing to do because we never know what can happen.
To conclude some questions that I would like you to answer, if you want clear. Do you think these updates will improve what we have now with ETH? Has anyone done Stake in ETH 2.0 in Binance? Do anyone believe that it can work?
You can join Publish0x, earn your first coins from here and of course be authors to be able to write about a topic that interests you or that you are curious about, for example. I'm sure you have a lot to tell and teach 😉
I also leave you my link of binance referrals in case you are curious about this world of cryptocurrencies. Binance is currently the number one Exchange in the world.
I hope you liked my post today. I thank again everyone who follows me and you read me, really if it weren't like that I wouldn't have so much desire to write. Thank you!